Happy Thursday!

Bitcoin may soon face a sell-off, but not before it hits a crucial price target: here’s the number to watch.

Peter Schiff slammed Vice President JD Vance’s bullish talk of Bitcoin: here’s what the famous crypto critic said.

Plus, if you’re interested in a technology company on a mission to transform how, where and when lottery is played, check out today’s sponsor, who has had a busy month.

TOP STORY

Bitcoin Faces Potential Sell-Off Near $120,000 As Profit-Taking Rises, Glassnode Warns

Bitcoin’s steady rally to a new all-time high of $111,000 may soon face significant headwinds, according to new on-chain data from Glassnode.

The analytics firm highlights $120,000 as a critical price level where historical trends suggest a sharp increase in sell-side pressure is likely to emerge.

The report finds that investor profitability has risen sharply since the recent breakout, with on-chain models showing parallels to previous market tops.

When can you expect that sell-off to start?

Read the full scoop here.

SPONSORED CONTENT

Lottery.Com Is Busy Expanding Its Live Event Entertainment Reach

To say it's been a busy month for Lottery.com (NASDAQ: LTRY) would be an understatement. The company inked a $10 million deal to buy a majority stake in DotCom Ventures Inc., giving it ownership of Concerts.com and TicketStub.com. Now it has venues to sell not only lottery tickets, but also tickets for concerts and niche events, including festivals and esports. 

On top of that, LTRY was a sponsor at the Indy 500, with its brand emblazoned on Louis Foster, an upcoming race car driver’s helmet. During the month, LTRY was also a title sponsor at Soccerex Europe 2025, a globally recognized football business summit and named Dennis Wise, a well-known English footballer, as a brand ambassador. Pretty busy, right? To learn more about LTRY, click here. 

This is a paid ad. Please see 17b disclosure here for more information.

QUICK N DIRTY

Hedera’s co-founder told Benzinga in an interview that soon ‘everything of value’ will be tokenized: here’s what he meant.

Polymarket traders scored a big win, as courts blocked Donald Trump’s tariffs just before the crucial June deadline: here’s how much profit they banked.

Anthony Scaramucci shared a crucial piece of advice for young investors just starting out: here’s what he said.

FINTECH FOCUS

JD Vance Said Bitcoin Created Wealth, Peter Schiff Says It Did No Such Thing: 'What Has Happened Is A Massive Transfer Of …'

Economist and market commentator Peter Schiff slammed Vice President JD Vance’s support for Bitcoin.

Schiff took to X to challenge several remarks made by Vance at the Bitcoin 2025 conference in Las Vegas.

Schiff disputed Vance’s assertion that Bitcoin has created new wealth. “What has happened is a massive transfer of wealth from those who bought Bitcoin and crypto early to those who bought later. In the process, capital has been misallocated and resources squandered,” he argued.

What else did the famous Bitcoin critic say?

Read the full scoop here.

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